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The Real Price of “Affordable Housing”

The Real Price of “Affordable Housing”

May 15, 2025

There’s a growing chorus among policymakers in Kansas City, St. Louis, and around the country demanding that new housing developments...

Affordable Housing and Kansas City: Further Thoughts

Affordable Housing and Kansas City: Further Thoughts

Aug 23, 2022

(You can read part one, part two, part three, part four, part five, part six, part seven, and part eight in this series here.) The concerns...

Pittsburgh, Poster Child for Sloppy Housing Policy

Pittsburgh, Poster Child for Sloppy Housing Policy

May 11, 2022

In the weeks and months ahead, researchers at the Show-Me Institute will be taking a closer look at housing policies...

A Problem LIHTC Won’t Fix

A Problem LIHTC Won’t Fix

Mar 10, 2022

A one-size-fits-all approach to public policy is rarely the best option. This is especially true when the topic is something...

Another LIHTC Letdown

Another LIHTC Letdown

Feb 3, 2022

A few months ago, I foolishly expressed optimism that Missouri’s low-income housing tax credit (LIHTC) program would perform better for...

LIHTC Pilot Finds Permanence

LIHTC Pilot Finds Permanence

Oct 21, 2021

Missouri’s low-income housing tax credit (LIHTC) program is bad, but is it getting better? Earlier this year I wrote about...

Capping LIHTC Isn’t Enough

Capping LIHTC Isn’t Enough

Mar 8, 2021

Missouri’s low-income housing tax credit (LIHTC) is a classic example of throwing good money after bad. The program—which provides $1-for-$1...

More to Be Done on LIHTC

More to Be Done on LIHTC

Jan 26, 2021

2020 was a big year for Missouri’s low-income housing tax credit program (LIHTC). In September, the governor and Missouri Housing...

The LIHTC Program Is Back Again

The LIHTC Program Is Back Again

Oct 13, 2020

Missouri taxpayers are now back on the hook for one of the least effective and most expensive tax credit programs...

Missouri Needs Tax Credit Reform Now More than Ever

Missouri Needs Tax Credit Reform Now More than Ever

May 15, 2020

As state policymakers scrambled last week to pass a balanced budget, they appeared to miss what was right in front...

More Proof that Missouri’s LIHTC Doesn’t Work

More Proof that Missouri’s LIHTC Doesn’t Work

Oct 25, 2019

The numbers are in: Missouri’s low-income housing tax credit (LIHTC) program fails to deliver. The program was supposed to increase...

Want More Housing? Get out of the Way

Want More Housing? Get out of the Way

Oct 4, 2019

If there is an affordable housing shortage in Kansas City, why is that so? Could the very housing policies meant...

LIHTC 101: How Does it Work?

LIHTC 101: How Does it Work?

Sep 20, 2019

I recently wrote a post explaining what the low-income housing tax credit (LIHTC) is. But how does it actually work?...

LIHTC 101: Program Basics

LIHTC 101: Program Basics

Sep 18, 2019

Since the program’s inception, the low-income housing tax credit (LIHTC) has been the federal government’s primary tool for increasing the...

Here Is Where LIHTCs Go

Here Is Where LIHTCs Go

Aug 16, 2019

Since its introduction in 1996, Missouri’s Low-Income Housing Tax Credit (LIHTC) has been the state’s primary tool for incentivizing the...

The Myth of Supposed Market Failures

The Myth of Supposed Market Failures

Aug 13, 2019

Markets are said to be failing when supply doesn’t respond to demand—like a beachside shop refusing to sell sunscreen. When...

A Little Less Conversation, A Little More Action

A Little Less Conversation, A Little More Action

Jul 30, 2019

A little less conversation, a little more action All this aggravation ain’t satisfactionin’ me A little more bite and a...

Band-Aids Can’t Fix the LIHTC

Band-Aids Can’t Fix the LIHTC

Jun 26, 2019

On last week’s Politically Speaking podcast, State Treasurer Scott Fitzpatrick indicated the governor would stick to his pledge of not...

The Governor Threatens to Break a Promise

The Governor Threatens to Break a Promise

May 17, 2019

The last day of the legislative session is here, and news tends to progress quickly, but one of the fastest...

What’s the Rush to Restore the LIHTC?

What’s the Rush to Restore the LIHTC?

May 16, 2019

As this year’s legislative session draws to a close, our lawmakers in Jefferson City are again acting as if any...

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